Lawmakers Unveil an Online Sales Tax Bill, Again

Lawmakers unveiled Thursday what they hope will be the final federal online sales tax bill, promising that this will be the year Congress deals with the issue. The Marketplace Fairness Act, which resolves differences between three similar bills introduced in the last Congress, would give states the power to require out-of-state online retailers to collect sales tax. Currently, most states with sales tax rely on residents to independently pay tax to the state on their online purchases, but few consumers do.